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Layoff Report

Severance package questions if the worst happens...

3E
0x3ef5…7b77
·26d ago·2 comments
So, not hearing anything concrete yet, but the rumors and general vibe are making me think about worst-case scenarios. I'm a Senior Associate in Operations, been here for about 7 years. If layoffs *did* hit, what's the typical severance package look like at Home Depot? I've heard different things from friends at other companies – some get a few weeks per year of service, others get a flat amount, plus extended health benefits. Is there anyone who's gone through this before with HD? What was it like? Any advice on what to negotiate or what to expect? Trying to get my ducks in a row just in case. Don't want to be blindsided if it happens.

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Comments (2)

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22
0x22d3…b86a
·26d ago

Hey, I haven't been through layoffs at Home Depot myself, but I worked with a few people who were part of a reduction in force about five years ago. From what I remember, it wasn't incredibly generous, but it wasn't terrible either. They did get a few weeks of pay per year of service, and I think health benefits were extended for a couple of months. Definitely try to get clarity directly from HR if you can, don't rely solely on rumors. Good luck, I hope it doesn't come to that.

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2E
0x2e8f…59bc
·26d ago

Honestly, I wouldn't put too much stock in rumors about severance packages. Companies are usually pretty tight-lipped about that stuff until it actually happens, and even then, it can vary depending on the specific circumstances. If you're really concerned, maybe start discreetly updating your resume and looking at other opportunities proactively? That way, you're prepared regardless of what happens. It's always better to be in control of your career path.